M&A – Page 44
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NewsGRP’s Birmingham-based hub appoints new managing director
Incoming managing director describes the business as a ‘high growth, acquisitive and dynamic broker with ambitious future plans’
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NewsGallagher buys specialist crisis and risk management consultancy
The two businesses are culturally ‘well aligned’, says chief operating officer
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NewsPIB Group records 78% increase in adjusted ebitda for 2021
The intermediary consolidation business also grew its revenue by 52% over the course of last year
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NewsAviva purchases specialist MGA’s HNW personal lines business
The acquisition supports the insurer’s intention to become the ‘market leader’ in this business line
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NewsThe Clear Group acquires Kent-based broker
The newest buy is ‘another great fit’ for the group, says chief executive
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NewsAston Lark Ireland bags Irish broker
Aston Lark Ireland hopes to become the area’s ‘leading independent insurance broker’, says chief executive
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NewsJensten Group snaps up SME-focused MGA
The new addition to the group will be ‘of great benefit to our partner brokers and their clients’, says wholesale managing director
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NewsGRP marks 100th acquisition with purchase of Ipswich-based firm’s GI book
Intermediary firm celebrates its ‘empowered consolidation model’ with its latest broker buy
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NewsNewstead Insurance snaps up Birmingham-based broker
The firm is a ‘perfect fit’ for Newstead as it builds its market presence in the Birmingham area
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NewsGRP enhances retail division with bespoke broker buy
The deal is GRP’s first since welcoming Florida-based Brown and Brown as its new parent company
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NewsJensten Group grows Yorkshire presence with new broker buy
The deal is the latest step in the group’s ‘buy and build’ strategy
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NewsDavies completes Lloyd’s Asta buy
The pair’s shared culture of innovation and growth are ‘closely matched’, says chief executive
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NewsOndo pilots LeakBot project with 20,000 Admiral Platinum policyholders
The insurtech has evidence that the technology can ‘significantly reduce claims’ for its insurer partners
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NewsPIB Group buys Spanish commercial lines broker
The deal marks the broker’s fourth purchase in Spain, reflecting its ‘ultimate goal of becoming one of the most important insurance brokers in the market’
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AnalysisBriefing: Goldman Sachs’ Midas touch turns to The Clear Group
The intermediary’s ownership of a broker network creates a potential acquisition pipeline that appeals to the investment bank
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NewsJust Travel Cover buys London-based travel insurance scheme specialist from insurtech
Existing partnership moves to ‘the next level’ as part of ‘wider company growth strategy’
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NewsCopart UK acquires Ageas’ green parts provider
The firm says the deal is an ‘important additional service’ as ESG demand fuels recycled car parts growth
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NewsBroker consolidation indicates ‘rosy future for the broking market’ – Accenture
Brokers must also move from ‘traditional risk indemnity into risk management mitigation’ to obtain ‘frequent customer engagement’, says senior managing director
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Sponsored ContentClyde and Co: Building a new foundation for casualty claims
After voting to merge with fellow law firm BLM in March 2022, Clyde and Co partners, Matthew Harrington and Chris Murray, set out the combined company’s vision for the future
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AnalysisInterest rate rises fail to deter lenders from broking investments
Despite being viewed as ‘neither very hot nor very unpopular’ by private equity firms, the broking community is still ‘the darling of the financial services sector’ when it comes to M&A, say experts
